Binance express it is moving its zero-fee Bitcoin trading from Binance USD to TrueUSD
Cryptocurrency exchange giant Binance expresses it's moving zero-fee Bitcoin (BTC) trading from Binance USD (BUSD) to True USD (TUSD)
According to Changpeng CZ Zhao's statement, the exchange expressed that BUSD zero maker fee would remove its pair with other assets like BNB and ETH it added that standard trading gees would also apply to its BTC's trading pair including Tether's USDT and a few fiat currencies like British Pounds, Australian Dollars and Euros, etc.
Also, he clarified that "0 fees will stop on BUSD in about a week."
Binance introduced zero-fee trading for 13 BTC spot trading pairs. since the exchange has seen an increase in its spot volumes for 62% of the industry's total trades as of February.
He added that the recent events in the crypto space swayed the firm's decision.
Furthermore, TUSD has grown in leaps and bounds during the same period the stablecoin recently saw its circulating supply cross the 2 billion mark and its adoption has continued to grow.